Bloomberg Germany is leaning towards participating in Deutsche Lufthansa AG’s pending capital increase, according to people familiar with the matter, a move that would boost the airline’s plan to refinance its 9 billion-euro ($11 billion) bailout package. By subscribing to the rights offering, the government would limit dilution of its 20% shareholding, while increasing its chances of success, said the ...

Bloomberg Indian carriers are expected to incur a loss of $8 billion by 2022 as the second Covid-19 wave puts any travel recovery on hold. IndiGo, India’s largest airline, and Air India Ltd will account for $4.5 billion of losses, CAPA Centre for Aviation said in its report India Airline Outlook for the fiscal year 2022. Indian carriers will need ...

Bloomberg Singapore Airlines Ltd said the S$6.2 billion ($4.7 billion) raised through convertible bonds, along with existing cash reserves, should cover its financial needs well into the year ending March 2023, according to a statement. The nation’s flagship carrier was responding to questions from the Securities Investors Association (Singapore) last month about whether it has considered privatisation. Singapore Airlines said ...